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Avient expanding colour concentrate capabilities in Vietnam The materials supplier will complete an expansion of its colour concentrates plant in Binh Duong, Vietnam in February. January 18, 2021   Canadian Plastics The Vietnam site. Photo Credit: Avient Corp. Materials supplier Avient Corp. will complete an expansion in February at a colour concentrates plant in Binh Duong, Vietnam. “Demand for plastics has become one of the Vietnam economy’s fastest growth areas,” Say-Eng Lee, vice president and general manager, colour and additives Asia for Avient, said in a...

Avient adding capacity for medical-grade Mevopur materials in Asia-Pacific The material supplier is equipping an existing facility in Singapore with a new production line to meet growing demand for the specialty polymers in that region. December 18, 2020   Canadian Plastics Photo Credit: Avient Corp. U.S.-based specialty material supplier Avient Corp. is equipping an existing facility in Singapore with a new production line to meet the growing demand for specialty pre-coloured, medical grade Mevopur polymers in the region. The new line will be installed at the EN-IS...

Press release content from Business Wire. The AP news staff was not involved in its creation. Techmer PM Adds Erika Mitchell in New VP-Supply Chain Post December 16, 2020 GMT CLINTON, Tenn.--(BUSINESS WIRE)--Dec 16, 2020-- Techmer PM LLC, a leading designer and producer of engineered compounds and color and additive concentrates for the plastics and fiber industries, has hired Erika Mitchell to serve as the firm’s vice president of supply chain ADVERTISEMENT Erika Mitchell plans to leverage her expertise to help Techmer PM create a strong sales inventory and operations planning process that...

Avient has higher fourth-quarter expectations Avient Corp. is updating its fourth-quarter financial expectations after better-than-expected results. Avon Lake, Ohio-based Avient now expects adjusted earnings per share of 48 cents for the quarter, up from its previous expectation of 40 cents, officials said in a Dec. 14 news release. The firm — which changed its name from PolyOne Corp. on July 1 — posted adjusted EPS of 34 cents in the fourth quarter of 2019. Company officials added that pro forma sales for October and November, including the acquisition of Clariant Masterbatch, were up 5....